
27 January 2025 | 8 replies
However, your lending choice will ultimately determine the best route, as rehab costs may consume a portion of your $50,000 investment budget.

23 January 2025 | 45 replies
I won’t sugar coat it when I first got in I didn’t realize the over head cost to run a business .

25 January 2025 | 5 replies
He’s not a pushy salesman, and I’ve got a business partner who has worked with him for the last 10 years without any issues.As for your situation, I wouldn’t say it sounds like a Ponzi scheme, but I’d strongly recommend meeting with the fund sponsor in person and asking as many questions as you can.

1 February 2025 | 16 replies
This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

31 January 2025 | 5 replies
I would strongly consider building equity to make a stronger down payment and further decrease your monthly cost.

30 January 2025 | 8 replies
That could make financing the rehab a little smoother.3.FHA 203(k): If the rehab costs and scope fit within the FHA guidelines, refinancing into a 203(k) loan could work.

24 January 2025 | 6 replies
I use this property and another one as my business line of credit.

29 January 2025 | 0 replies
However, co-living allows you to acquire properties with as little as 0%-5% down, drastically reducing the amount of cash required.Instead of needing $100K+ to buy a rental, a co-living strategy lets you start with a fraction of the cost while achieving higher returns.3.

27 January 2025 | 11 replies
As far as LLC structures and tax strategies you should find a CPA who has experience with real estate and small business.

23 January 2025 | 0 replies
Determine Your BudgetSet a Realistic Budget: Consider the cost of tuition, living expenses, and your financial situation.Mortgage vs.